Market & Industry

Sampoerna Maintains 30.7% Market Share Amid Tobacco Industry Pressure

PT HM Sampoerna Tbk. reported a stable net profit of Rp6.6 trillion in 2025 while maintaining a 30.7% market share amid ongoing pressure in Indonesia’s tobacco industry. The company also announced changes to its board of directors during its 2026 Annual General Meeting of Shareholders.

KAI Logistik Launches KA Ronggo and KA Klari 2, Adds 29,700 Tons of Monthly Freight Capacity

JAKARTA, Jakartaweekly.com – KAI Logistik has launched two new container train services, KA Ronggo and KA Klari 2. The new services are aimed at supporting the growing demand for goods distribution while strengthening the efficiency of the national supply chain. KAI Logistik President Director Yuskal Setiawan said the company recorded an 8 percent year-on-year (yoy) […]

Danko Opens Offline Showroom, Targets 400% Growth

JAKARTA, Jakartaweekly.com – PT Solusi Sentral Sistem, the owner of Japanese water heater and sanitary brand Danko, in collaboration with Cahaya Berkat Sanitary, has opened its first showroom in Indonesia, located in Cibubur, Jakarta. Martinus Jono, Marketing Director of Danko Indonesia, said the opening of the official showroom was driven by the continuous growth of […]

Garuda Indonesia Carries 5.42 Million Passengers in Q1 2026, Net Loss Narrows 45 Percent

JAKARTA, Jakartaweekly.com – PT Garuda Indonesia (Persero) Tbk recorded operational growth and improved financial performance in the first quarter of 2026, supported by stronger passenger traffic and increased flight production capacity across all of the company’s business lines. From January to March 2026, the Garuda Indonesia Group carried 5.42 million passengers, up 6.76 percent from […]

Middle East Geopolitics and Indonesia’s Economic Data Controversy Weigh on Rupiah

JAKARTA, Jakartaweekly.com – Foreign exchange analyst Ibrahim Assuaibi said the weakening of the rupiah in Thursday’s trading was driven by a stronger US dollar amid escalating geopolitical tensions in the Middle East, particularly in the Strait of Hormuz, as well as debates over the accuracy of economic growth data. In today’s trading, Thursday, 14 May […]

INACA Applauds Government’s Fuel Surcharge Relaxation

JAKARTA, Jakartaweekly.com – The Indonesia National Air Carriers Association (INACA) has welcomed the government’s move through the Indonesian Ministry of Transportation to issue Transportation Ministerial Decree No. KM 1041 of 2026 concerning additional charges (fuel surcharge) due to fuel price fluctuations for scheduled international commercial economy-class air passenger fares. The new regulation revises KM 83 […]

Rupiah Strengthens Against U.S. Dollar Amid Bank Indonesia’s NDF Intervention

JAKARTA, Jakartaweekly.com – The rupiah closed stronger against the U.S. dollar in Wednesday trading, May 13, 2026, amid intervention measures carried out by Bank Indonesia in the offshore Non-Deliverable Forward (NDF) market. By the close of afternoon trading, the rupiah had strengthened by 53 points to Rp17,475 per U.S. dollar from the previous close of […]

KAI Logistik Ensures Cargo Distribution Remains Optimal During Ascension Day Long Weekend

JAKARTA, Jakartaweekly.com – PT Kereta Api Logistik (KAI Logistik), a subsidiary of PT Kereta Api Indonesia (Persero), has ensured that all freight transportation services will continue operating optimally during the Ascension Day long weekend and collective leave period from May 14 to 17, 2026. KAI Logistik Operations Director Broer Rizal said the company remains committed […]

Whoosh Occupancy From Halim Reaches 95% Ahead of Long Weekend

JAKARTA, Jakartaweekly.com – Public interest in the Whoosh high-speed rail service continues to rise ahead of the long weekend holiday period from May 14 to 17, 2026. As of 5 p.m. WIB on Wednesday, May 13, 2026, a total of 17,000 Whoosh tickets had been sold, with sales projected to reach around 20,000 by the […]

Hypefast Posts Strong Q1 2026 Growth, Advances Toward 2027 IPO

Hypefast started 2026 on a strong note, posting more than 300% YoY net income growth and nearly 250% YoY net cashflow growth in Q1 2026. The performance reinforces the company’s commitment to building a sustainable local brand ecosystem ahead of its planned IPO in 2027.

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